Description
We are seeking a KYC Quality Assurance, SME, AS to join our Private Bank, Business Risk & Controls (BRC) function. The successful candidate will participate in the implementation of a globally consistent Quality Assurance (QA) framework to assure that KYC controls are robust and correctly executed across the bank.
Key Responsibilities:
- Operate as a KYC Quality Assurance SME with the Private Bank KYC QA function
- Support the QA Team Lead in implementing a globally consistent KYC QA Program
- Review KYC files on a sample basis by applying the QA methodology to deliver an objective review of client files for APAC locations
- Identify risks within the KYC documentation and confirm issues have been remediated and/or appropriately escalated through the escalation process
- Sustain a culture of teamwork and collective achievement of departmental goals and objectives across QA & CLM teams
- Ensure that QA is performed in compliance with the relevant policy, procedures, and testing standards
- Interactions with key stakeholders across the business and collaborating with other teams as required
- Prepare reports and MI which are concise, timely and provide value to business and management to continuously improve KYC controls and mitigate risks
- Compiling reports and trend analysis in preparation for discussion with key Stakeholders, identifying key issues and areas for improvement
- Maintain the Private Bank KYC QA approach and methodology consistent and up to date
- Keeping abreast of all regulatory developments which may impact monitoring requirement
- Assist on projects as required
Benefits:
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Requirements:
- Experience working in financial crimes in a financial institution
- Working knowledge of international banking business and products. US Wealth Management KYC experience is preferred
- Experience with regulators and managing regulatory examinations
- Experience of working within a multinational organisation(s)
- Good understanding and application of relevant AML & KYC regulation and legislation
- Strong communication skills, both written and verbal, with an ability to communicate effectively with Compliance, the line of business, and technical team members
- Analytical, with the ability to provide practical solutions for minimizing risk
- Able to work independently to manage projects and deliverables to completion
- An enthusiastic team player; able to build strong, open dialogue-based relationships with relevant Stakeholders
- Action oriented with a strong focus on completing tasks accurately and efficiently whilst working independently and with minimum direction
- Able to remain calm under pressure while maintaining high energy levels
- Able to manage many competing deliverables effectively for on-time delivery
- Self-starter and able to recognize opportunities for improvement and to act on those opportunities
- Computer literate and conversant with Excel, Word, Powerpoint and Access